Producer’s share of pork retail price declines

The producer’s share of the retail pork price decreased by 1% on the month in September to 43.3%, returning to levels last seen in May.

Nevertheless, the current share is over 16% (6.1 percentage points) more than the same period last year and on a historical basis remains relatively high.

The average retail price remained relatively constant in September, decreasing by less than 0.2% month on month. Meanwhile, the EU-spec APP fell by 2%, driving the month on month decline in producer’s share.

Regarding individual cuts, the picture was mixed. Fillet end leg prices increased by 5% on the year and 1% on the month in September, while fillet of pork remained relatively unchanged on the month, but was 4% more expensive year on year. Boneless pork shoulder declined in price both month on month and year on year by 4% and 5% respectively, while loin steaks remained stable in both cases.

 

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